If lawmakers fail to reach agreement by then, the government could default on its debt and become unable to pay out benefits like Pell Grants and student loans.

via Stalemate Over Federal Debt Ceiling Leaves Student-Aid Funds in Limbo – Government – The Chronicle of Higher Education.

Young people often wonder why they should get involved in the affairs of business.  Well, if this doesn’t remind them why, perhaps nothing ever will.  After all, they may care little for politics, but they certainly love their money.  Don’t they?

Advertisements